In the dynamic world of global finance, few events capture the attention quite like being greylisted by the Financial Action Task Force (FATF). For South Africa, February 24, 2023, marked a pivotal moment as it found itself under the FATF’s…
As Finance Minister Enoch Godongwana unveils the 2024 budget, South Africans are eager to grasp the nuances of its impact on their lives. This year’s budget reflects a strategic blend of fiscal measures aimed at navigating economic challenges, appeasing various…
Welcome to our guide on understanding exchange control transactions with residents of the Common Monetary Area (CMA). Whether you’re a frequent traveller, a student studying abroad, or someone looking to engage in cross-border transactions within the CMA, this article aims…
In today’s interconnected global economy, financial transactions extend beyond borders, with South Africa being no exception. One avenue through which funds flow into the country is through inward foreign loans. In this blog post, we will break down the key…
In a recent landmark ruling by the International Court of Justice (ICJ), South Africa’s case against Israel brought attention to the ongoing conflict in Gaza. The Department of International Relations and Cooperation (Dirco) and President Cyril Ramaphosa hailed the decision…
Today, we would like to provide you with important information regarding accessing your retirement annuity (RA) after leaving South Africa. Understanding this information is crucial for ensuring a smooth and secure transition in managing your diligently saved retirement funds. Formerly, accessing your RA…
In recent days, the Competition Appeal Court (CAC) made a decision that sent shockwaves through the financial world, dismissing charges against 23 of the 28 banks accused of colluding to manipulate the South African rand. This ruling has raised eyebrows…
In today’s ever-shifting global financial landscape, with its uncertainties and market swings, many South Africans are looking to secure their wealth and explore opportunities beyond our borders. But, let’s face it, it’s not a walk in the park. We’ve got…
Inheriting assets from a loved one can be both a blessing and a challenge, especially when the beneficiaries are living abroad. If you find yourself in a situation where you need to transfer an inheritance from South Africa to beneficiaries…